GAO

Tax

GAO: 89 Percent of Paid Preparers Made Mistakes on Returns

During undercover site visits to 19 randomly selected commercial tax-preparation businesses, only two preparers calculated the correct refund amount on a taxpayer’s return, according to a new study released by the US Government Accountability Office (GAO) on Tuesday.
Tax

GAO Identifies Weak Links in IRS' Internal Controls

It hasn't been a very good week for the IRS. First, a firestorm has erupted over its efforts to target conservative "tea party" groups applying for tax-exempt status. Now the Government Accountability Office (GAO) has released a new report saying that the IRS has to improve its internal controls.
Tax

GAO Takes IRS to Task on Information Security Control Lapses

Although the IRS has continued to make progress in addressing information security control weaknesses, the Government Accountability Office (GAO) said in a March 2013 report that "serious weaknesses remain."
Tax

IRS Warns Tax Preparers to Review Their Safeguards for Client Data

In a March 18 e-mail, the IRS warned tax preparation professionals that the security of taxpayer accounts and personal information should be a top priority, as referenced in Revenue Procedure 2007-40, which outlines the obligations of IRS e-file providers.
Technology

7 Agencies Make Progress on 'Cloud First' Policy

According to a new study by the Government Accountability Office (GAO), progress is being made in implementing the "Cloud first" policy.
Education & Careers

GAO's Recent Study on Unemployed Older Workers - We Need Solutions

A recent study done by the GAO raises concerns about how long-term unemployment will affect older workers’ reemployment prospects and future retirement income.
A&A

GAO Find Weaknesses in SEC Information Systems Security Program

In a letter dated April 12 to SEC Chairwoman Mary Schapiro, James Dalkin, GAO director of financial management and assurance, and Gregory Wilshusen, GAO director of information security issues, stated that "improvements were needed in the SEC's internal controls and accounting procedures."

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